HSBC

Regional Insurable Risk Manager

HSBC$90K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of proven expertise in business insurance for banking and multinational organizations
  • Strong knowledge of insurance regulations and market practices
  • Professional designation such as ACII, CPCU, ARM or equivalent experience
  • Experience in a global organization across diverse geographic and cultural landscapes
  • Proven ability in implementing global strategies with complex stakeholder management
  • Strong communication skills for advising senior stakeholders
  • Fluency in English; Spanish and Portuguese language skills preferred

Responsibilities

  • Own and manage insurable risk for the US and provide oversight in the Americas
  • Collaborate with country entities, brokers, and insurers for effective policy placement and claims management
  • Implement and adapt the Group Insurable Risk strategy to meet local needs
  • Optimize insurable risk financing through Group captive and strategic insurer partnerships
  • Maintain communication with senior stakeholders and offer practical guidance
  • Assess local insurable risk appetite when necessary
  • Oversee processes for global programs including premium collections and documentation
  • Support sourcing local insurance coverages like Crime, PI, and Cyber where applicable
  • Govern operational delivery, controls, and reporting frameworks
  • Manage contracts and supplier relationships as the US Third Party Engagement Manager

Benefits

  • Tailored professional development opportunities
  • Comprehensive Wellness Hub
  • Inclusive work culture
  • Opportunities for community engagement through volunteerism
  • Generous matching gift program
  • Immersive Sustainability and Climate Change initiatives
  • Participation in Employee Resource Groups for networking and development opportunities
Full Job Description
As Regional Insurable Risk Manager you'll own insurable risk management for the US and provide oversight across the Americas. You'll be a key connection point between country entities, Group Insurance, brokers and insurers supporting policy placement and renewal, claims management and delivery of the Group Insurable Risk strategy across the region. This role matters because it helps ensure the business has the right coverage in place, manages claims effectively and maintains strong governance in a regulated environment. Success looks like smooth renewals, clear oversight of local processes that support global programs and consistent reporting for key stakeholders. You'll also support optimization of insurable risk financing through the Group captive and preferred strategic insurers.

This role gives you scope to improve how we place coverage, manage claims and strengthen governance across the region. You'll connect local priorities with Group strategy and help keep renewals and claims activity running smoothly. The work spans policies, controls, supplier management and reporting for senior stakeholders, regulators and committees. If you'd like to build impact across the US and the Americas we'd welcome your application.

As our Regional Insurable Risk Manager, you will:
  • Own insurable risk management for the US and provide oversight across the Americas
  • Partner with country entities, Group Insurance, brokers and insurers to support policy placement, renewal and claims management
  • Implement the Group Insurable Risk strategy locally and represent local entity needs where required
  • Support optimization of insurable risk financing through the Group captive and preferred strategic insurers
  • Maintain regular dialogue with senior country and regional stakeholders and provide clear practical advice
  • Help determine local insurable risk appetite where required
  • Oversee local processes supporting global programs including premium collections and documentation
  • Support sourcing of local covers and relevant infills such as Crime, PI and Cyber where needed
  • Govern operational delivery and controls including operating model improvements, management information and reporting frameworks and budget and cost center management
  • Act as the US Third Party Engagement Manager for insurable risk suppliers including contract monitoring and supplier management activities
  • Contribute to reporting for boards, regulators and committees and support planning and budgetary reporting

You'll likely have the following qualifications to succeed in this role:
  • Bring demonstrated expertise across business insurance classes relevant to banking and multinational organizations
  • Apply strong knowledge of insurance regulation and market practices
  • Hold ACII, CPCU, ARM or similar professional designation, or bring equivalent demonstrable experience
  • Demonstrate experience working within a global organization across geographic and cultural boundaries
  • Show experience implementing global strategies with significant stakeholder management complexity
  • Communicate clearly and provide practical advice to senior stakeholders
  • Advanced written and spoken English, with Spanish and Portuguese preferred

As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC's engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You'll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!

Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.

About HSBC

HSBC Holdings plc is a British multinational investment bank and financial services holding company. It is the second largest bank in Europe, with total assets of US$2.984 trillion (as of August 2021). HSBC traces its origin to a hong in British Hong Kong and its present form was established in London by the Hongkong and Shanghai Banking Corporation to act as a new group holding company in 1991; its name derives from that company's initials. The Hongkong and Shanghai Banking Corporation opened branches in Shanghai in 1865 and was first formally incorporated in 1866. The company was renamed The Hongkong and Shanghai Banking Corporation Limited in 1989.
Learn more about HSBC
Size
219,763 employees
Market Cap
$124.1 billion
Industry
Net Income
$5.2 billion
Founded
1880
5 Year Trend
-3.1%
NASDAQ

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